Best Cryptocurrencies to Buy Right Now June 4 – Cardano, TRON, Manta Network

adminJune 5, 2024

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Explore: best cryptocurrency For potential investments, analyze the tokens listed to help guide your investment strategy.

Investors are constantly looking for altcoins with high potential to generate significant growth and returns. Based on technical analysis and market sentiment, various altcoins are showing significant upward trends, signaling promising investment prospects. In this article, we analyze promising emerging tokens for investors seeking significant returns. Each of these tokens offers unique features and growth potential, making them the best cryptocurrencies to buy right now.

Best Cryptocurrencies to Buy Now

RNDR is trading at $10.18, up 0.55% on the session. Meanwhile, the 99Bitcoins presale attracted the attention of investors in the cryptocurrency community, raising over $1.8 million in the presale. Additionally, Manta’s total transaction volume increased by 41%, increasing its value to $41 million.

1. Rendering (RNDR)

Render is a decentralized network for rendering digital content built on the Ethereum blockchain. The platform allows users to leverage the power of multiple computers to render complex 3D graphics, animations, and other digital content efficiently and cost-effectively. Render provides an infrastructure that helps developers and enterprises requiring high-quality 3D graphics by distributing rendering tasks over a network.

Additionally, RNDR is trading at $10.18, up 0.55% at press time. It soared 2.36% last week and 17.11% over the past month, showing consistent market performance. Additionally, the token is trading 39.66% above its 200-day simple moving average (SMA) of $7.25.

RNDR price chart

This indicates a strong upward trend in recent months. As AI-based cryptocurrency projects gain traction, Render stands out for its practical applications in digital content creation. The token’s performance reflects growing interest and trust in blockchain and its capabilities within the rendering space.

Render’s decentralized approach addresses the high costs and inefficiencies traditionally associated with rendering. Utilizes the Ethereum blockchain to ensure safe and transparent transactions within the network. This makes it a viable option for businesses that need a powerful rendering solution without significant investments in hardware and infrastructure.

2. Cardano (ADA)

Cardano stands out in the cryptocurrency market for its innovative approach to smart contracts and blockchain technology. The project features a proof-of-stake mechanism that offers attractive staking rewards to long-term investors.

Moreover, Cardano’s layered architecture, which separates payment and computation layers, improves flexibility and scalability. These technological advancements could potentially lead to significant growth for Cardano.

ADA price chart

The Cardano ecosystem continues to expand through various projects and partnerships, increasing its overall utility. The introduction of smart contracts through the Alonzo upgrade will enable dApp development and further solidify Cardano’s market position.

Here you go #Cardano builder,
Did you know that our developer portal has a dedicated section where projects can showcase their developers and inspire the wider Cardano community with exciting developments? https://t.co/HGGzOu8Db0
Interested in being featured? Please send us a DM! https://t.co/EhZEvtYNRe
— Cardano Community (@Cardano) June 3, 2024

At press time, Cardano (ADA) is trading at $0.4564, up slightly 0.28% over the last 24 hours. Market sentiment is currently bearish. However, the Fear and Greed Index stands at 73 (Greed), indicating cautious optimism among investors.

The 14-day relative strength index (RSI) is 53.21, indicating a neutral stance and suggesting a potential lateral move. In terms of performance, Cardano has seen positive token sale performance on USD and BTC, but negative performance on ETH.

3. 99 Bitcoin (99BTC)

that much 99Bitcoin The pre-sale caught the attention of investors in the cryptocurrency community. The project focuses on building an ecosystem around education about digital assets. As explained in the whitepaper, the platform provides access to premium courses, expert trading signals, community channels, and more.

🎉 Major milestone notifications! 🎉
We raised over $1.8 million through our $99BTC presale! 🔥
Don’t miss the opportunity to build a future together #Learn2Earn. join #Ticketing Now before the price goes up. 🚀
Join now! 👉 https://t.co/PepIrsReJQ#99Bitcoin #Cryptocurrency #BTC pic.twitter.com/Utwpj4yqA9
— 99Bitcoins (@99BitcoinsHQ) June 3, 2024

Additionally, the project introduces a “Learn-to-Earn” token. This token is designed to reward users for learning about cryptocurrencies. Users can earn Learn-to-Earn tokens directly in their Ethereum wallet by participating in educational content and communities.

These tokens can be exchanged for rewards such as exclusive access to premium content, discounts on partner products and services, and opportunities to participate in token holder events. 99Bitcoins allows it to operate on the Bitcoin blockchain by integrating with the BRC-20 protocol to ensure the security of the platform.

This integration provides users with the security benefits of the Bitcoin blockchain while exploring new applications. Additionally, we successfully raised over $1.9 million in pre-sales, demonstrating significant investor interest. 99Bitcoins also launched a cryptocurrency airdrop, allowing participants to receive $99,000 worth of Bitcoin (BTC) during the campaign period.

The price of each token is $0.00108, 99BTC It provides an affordable opportunity for those interested in projects focused on cryptocurrency education and incentivized learning. Investors can consider participating in the pre-sale for 6 days before the next price increase.

Visit 99Bitcoins Presale

4. Tron (TRX)

The value of TRON has increased significantly over the past week, reaching $0.1141, thanks to active buying activity. The token saw an intraday surge of 0.72% and ranks 15th on CoinMarketCap with a market capitalization of $9 billion.

Market sentiment forecasts suggest a bearish outlook for TRON, but the Fear and Greed Index stands at 73, indicating extreme greed. The token is trading slightly above its 200-day simple moving average (SMA) of $0.113035, showing positive performance compared to its initial counterpart. Sale Price.

TRX price chart

TRON has achieved an important milestone of surpassing 234 million total accounts, with the current total number of accounts being 234,029,150. This impressive growth reflects the rapid expansion of the TRON ecosystem, which is dedicated to its mission to decentralize the web.

🎉🎉🎉Congratulations!!! #tronThe total number of accounts has reached 234,029,150, exceeding 234 million! #tron The ecosystem has evolved rapidly and efforts to decentralize the web continue.
🥰Thank you everyone #tronics! pic.twitter.com/PoRI9Cd8ep
– TRONSCAN (@TRONSCAN_ORG) June 3, 2024

Additionally, TRX presents a potentially attractive investment opportunity despite struggles in the broader market. Perceived stability in a volatile market has captured the attention of investors. Additionally, the 14-day relative strength index (RSI) of 50.05 indicates that TRX is currently neutral, potentially leading to sideways trading.

Additionally, TRON’s high market capitalization means high liquidity, making it an attractive option for investors. Additionally, TRON’s performance has proven the token’s resilience and significant return potential, making it one of the best cryptocurrencies to invest in right now.

5. Manta Network (MANTA)

Manta Network is a privacy-preserving decentralized financial platform built on Ethereum. We aim to enhance the privacy and security of dApps and services through advanced encryption and zero-knowledge proofs. The architecture aims to obfuscate sensitive user data and transaction details while enabling confidential transactions, asset exchanges, lending/borrowing, etc.

The platform seeks to drive mainstream DeFi adoption by addressing privacy concerns. The network’s tokens are also rising in price, currently trading between $1.38 and $1.90. Over the past day, the value of MANTA has surged 0.93%. However, last week it fell slightly to 1.07%.

manta price chart

Despite recent weekly declines, Manta Network’s total transactions increased 41%, increasing its value to $41 million. This surge coincided with a large Ethereum whale transferring 2,000 ETH (worth $7.84 million) to the Manta Network.

🌊 mToken adoption #Manta Pacific flying high #MantaCeDeFi mToken is now listed. @Girl Network!
💿✋ Sign Up #MantaCeDeFi To earn money with mTokens and receive additional rewards: https://t.co/10HEd186Mn https://t.co/W2UHYSeAaa
— Manta Network (🔱,🔱) #MantaCeDeFi (@MantaNetwork) June 3, 2024

Market sentiment on MANTA’s price prediction is currently bullish, with the Fear and Greed Index showing a value of 73 (greed). The performance significantly exceeded the initial token sale price, and the market capitalization also indicates high liquidity.

Technically, MANTA displays a bullish signal today after a strong bounce from support at $1.50, following Bitcoin’s upward trend. If momentum continues, analysts see $3.20 as the next price target.